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Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. Which statement is FALSE about reconciliations that use the Transaction Matching Only reconciliation
method?

A) They do not participate in period-end compliance workflow.
B) They do not need to be created for periods.
C) You must create profiles for them.
D) They display in both the Reconciliations list and the Matching list.

2. Which is NOT an attribute type for reconciliation compliance attributes?

A) Yes/No
B) Location
C) True/False
D) Number

3. Where do you navigate to configure power users access to profiles?

A) under Tools, select Access Control, then Power User Security
B) under Application, select Configuration, and then System Settings
C) under Application, select Profiles
D) under Application, select Configuration, and then Profile Segments

4. Which two statements are correct about deleting reconciliations? (Choose two.)

A) The reconciliation status must be Pending.
B) The balances loaded for a period are not deleted when the reconciliation is deleted.
C) Only a Service Administrator or a Power User can delete a reconciliation.
D) Only the preparer of the reconciliation can delete the reconciliation.

5. Which statement about journals in transaction matching is FALSE?

A) For transactions, you can apply a data source filter to the export.
B) For adjustments, the variance amount is exported to the Amount column.
C) You create separate journal columns for each match type.
D) You create separate journal column mappings for adjustments and transactions.

Solutions: